Echosec Systems Ltd.

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Echosec Systems Ltd. - overview

Established

2013

Location

Victoria, BC-British Columbia, Canada

Primary Industry

Software

About

Echosec Systems Ltd. specializes in advanced geospatial Open-Source Intelligence (OSINT) solutions that help organizations identify and manage potential security threats effectively. Founded in 2013 in Victoria, Canada, Echosec Systems Ltd. provides innovative OSINT solutions to enhance situational awareness.


The company was acquired by EJ2 Communications, Inc. in August 2022, with financial terms undisclosed. Founder Karl Swannie has previously established other ventures, contributing to his extensive experience in the tech industry. Echosec Systems offers a suite of Physical Security Intelligence (PSI) solutions that integrate geospatial OSINT with cutting-edge analytical tools and artificial intelligence.


These services empower clients to monitor social media for critical events, automate threat detection, and improve situational awareness through tailored data analysis. Their clientele spans financial services, healthcare, retail, and national security, focusing on robust protection in high-stakes environments across North America, Europe, and Asia. Echosec Systems generates revenue through a subscription-based model, providing clients access to a range of intelligence services and tools. The structure accommodates various organizational needs, offering flexibility in service tiers that include flagship products and customized reporting services, aligning with contract agreements for timely delivery of intelligence insights.


In the wake of its acquisition by EJ2 Communications, Echosec Systems is focusing on enhancing its OSINT capabilities to facilitate critical areas such as executive protection and geopolitical risk assessments. The acquisition will support the development of new products aimed at improving situational awareness and crisis response mechanisms. The integration is intended to amplify Echosec's reach and operational effectiveness in North America and beyond, aligning with the strategic goals set post-acquisition.


Current Investors

Audax Private Equity, Flashpoint

Primary Industry

Software

Sub Industries

Monitoring & Security Software

Website

www.echosec.net

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Echosec Systems Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedEchosec Systems Ltd.-
Private DebtCompletedEchosec Systems Ltd.-
Private DebtCompletedEchosec Systems Ltd.-

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